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20130130
20130130
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
SFGTV
Jan 30, 2013 11:30am PST
hotel tax revenue. in addition, in 2009 the board approved the delivery of certificates of participation as well as the establishment of a [speaker not understood] improvement district allowing for the district to levy assessmentses of up to 1.5% to do improvements. .5% of that was available towards improvement of moscone and the city also contributed by way of certificates of participation to the 56 million improvement that is now at moscone. so, we've already established that partnership whereas in the first three pieces were voter approved and this is nonvoter approved. and we also partnered with sf travel improvement. we are now proposing as part of the expansion another collaboration. so, this is similar to what we've done historically. >> thank you. >> this slide is a highlight of attachment 3 of the budget analyst and legislative report. it shows you a huge cash flow. we are proposing a not to exceed amount of 507.9 million, and we've assumed an interest rate of 6%. we are requesting that as part of the approval you authorize the [speaker not understood] to use comme
SFGTV
Jan 30, 2013 11:00am PST
generate a large amount of revenue and tax dollars for the city are forced to look at other options, look at other cities because they're outgrowing our facility. as you know, tourism is is a major economic engine for san francisco. in 2011 we had over 16 million visitors. about 40% of those are international visitors and they spent over -- almost $8-1/2 billion in our economy, generating over 500 million dollars in local taxes. these are taxes that the residents of san francisco would have to pay if it wasn't for the visitors doing that. it created over 71,000 darer local jobs and really had a major factor in our economic recovery. conventions accounted for nearly $1.8 billion or 21% of all the tourism revenue spent in san francisco and 27% of all hotel room occupancy. * our independent study shows that without the expansion of moscone, where losing dollars right now, over $2 billion has already been lost between 2010 and 2019, for groups that had to leave san francisco or couldn't meet here because of the size of our center. and history has proven the success. the moscone tourism improv
SFGTV
Jan 30, 2013 2:00pm PST
gross receipts tax implementation planning for fy 2012-13 and amending the salary ordinance and reflecting the addition of five positions this the treasury of tax collector. >> same hots same call this item is passed on the first reading. >> item 27. >> item 27 is performing work under city contracts. >> same house same call this resolution is adopted. >> item 28 is a resolution approving the fourth contract amendment with i c f resour for renybble contract change and resours and increasing the amount of contract by 20.4 million. >> this resolution is adopted item 29. >> item 29 is a resolution approvalling the prepayment and collection agreement between bay area water supply and public utilities chex for a term ending 2036. >> next item. >> item 30 is a resolution authorizing the department of emergency management to retrotively accept and extend an emergency management performance grant in the amount of 289.6000 for preparedness compatibilityings for the period of july 30, 2012 through june 2013. >> this resolution is adopted item 31 gorks item 31 authorizing modifications num
SFGTV
Jan 30, 2013 5:00am PST
walks, pedestrian signals, the major feature of the sales tax program. i have the audit on the agenda. congratulations to cynthia and the board; we continue to have a good credit rating. we have not had to issue bonds but we are prepared to that. we have negotiated a letter of credit; there is a significant cost savings, just under 1 million dollars a year that are now available for projects. we have had a big office move; congratulations to cynthia and her staff. if you have not looked at the window recently it is converted to residential use. last but not least i want to reiterate what jose luis and the chair have said about the leadership of the board; and more more about the public and private partners. a huge thanks to the wonderful staff past and present and our interns who have done amazing things. i want to mention anthony adams who created interactive maps. you can find the project, cost phase and completion. we expect this to go live next month. thank you. >> thank you for your presentation; the interactive map something and fantastic; i look forward to seeing that. >
SFGTV
Jan 30, 2013 6:30am PST
years, including the ara funds we received as part of this development, the low-income housing tax credits which are critical for the financing of this development, and all the other affordable housing developments in san francisco. so, again, we want to acknowledge the -- her leadership and her contribution and her support throughout her very long career for affordable housing in san francisco. at this time i'd like to introduce the president of the tenants association, diva youngblood. and one of the things that we wanted to do in this, you know, as part of hope sf, was this was doing -- building affordable housing, not for the residents, but with the residents. and we really tried very, very hard to consult the residents in the development process. it helped with resident associations as we developed the hope sf concept. i see dwayne jones. i don't know if fred is anywhere here, but dwayne and fred and doug and matt franklin really sought to solicit a lot of input from the residents because the goal of this -- of building housing is not to, again, not to just build it for the re
SFGTV
Jan 30, 2013 2:30pm PST
the country to aggressively reduce in-house tax voters of california passed proposition nine for energy efficiency and alternative energy project the process of allocating these funds is now at the state legislature which will be making specific allocation to their specific process and many strategies regular recommended by the state fall under the responsibility of local government and is's and this is why a number of local countieses and legislation around the state are provide asking to provide additional funds to support greenhouse production programs and so my request is to support that. and i have a memoryium to recognize the passing of a long-time residental in our area who lived in chinatown. lucile chen and she raced three children including gordon which when who you know was a fopper and significant leader in the chinatown community center. she was a loving and spirited woman often referred to as the lucile ball of chima town and i want to express my condolences to the family i know shell be greatly miss the. >> the rest i submit. >> thank you mr. president and that o'c
SFGTV
Jan 29, 2013 11:00pm PST
things that we were determined to protect in that debate was the new markets tax credit, something that has benefited some of these kinds of initiatives throughout the country. so whether it was long ago and the low-income housing tax credit of which mercy housing has participated in over and over again and the new market tax credit, one of the current versions of the story. or the section 8 vouchers or the rest of that, public policy has played a role. but we can only be successful in achieving the funding for that public policy if we have examples of national significance to say this must be a priority. and it is a priority because mercy housing and st. anthony's makes people the priority. results. deeds, not just words. the words are important, but they are no substitute for making something happen from it. we all know the gospel of matthew and i was hungry, you gave me to eat and that is what st. anthony's has done. when you were homeless, you gave me shelter and that is mercy housing and they have come together. it's not just about food and housing, but it's about dignity and
SFGTV
Jan 30, 2013 1:00pm PST
. so, the metropolitan transportation commission changed the formula to be linked to sales tax. which is somewhat reflective of the economy and the level of rider ship and the health of the bay area as the economy does better sales tax goes up, ridership goes up. and as it goes down, so does ridership follows along accordingly. so sales tax was a proxy i would summarize from what mta changed, how they changed it back in the 1989. but going forward, bart has just -- we viewed this as a contribution that we're willing to make and we have done that. so, we're willing to continue to make the contribution. >> okay. seeing no other questions, thank you very much. like to open up to public comment if there are any members of the public that wish to comment on items 7 and 8, please step forward. mr. paulson. >>>♪ looks like a lovely feeder bart feeder money made. you're going to take my money away when you come and take the money away standing by a feeder meter and you're going to get a glimpse of a money reader and you take my money away and how am i supposed to, if i don't have the money,
SFGTV
Jan 29, 2013 5:38pm PST
our city with pay role tax reform. in a nutshell we got all the leaders together in our city and agreed to make a difference. i say let's take that same approach with our transportation challenges too. we already have a lot of plans and reports that all driveway solutions were we need to more than news to better match up with the 21 accounting century where people work and shop. and so we'll have a transportation 200 thirty transportation workforce. we'll be working with our controllers office, we'll invite all our heeds from regional transportation system and our technology community to the table. i'm also thankful that commissioner wen eras agreed to meet with us on this opportunity. we'll maintain the condition of our streets and we'll make municipal transportation systems in this city work the way they want to work. don't get close to our municipal syst system that some folks may say. we cannot let politics be our guide. paris london and england has great transportation systems but look at san francisco. achieving a world class transportation system is a journey forward not a
SFGTV
Jan 29, 2013 9:30pm PST
important to leverage the local sales tax dollars to complement and support of the city funded infrastructure investment coming from voter approved initiatives such as the street bond that we all i think worked on. working in tandem with mta to deliver pedestrian safety, traffic calming and other improvements faster and more efficiently and very fair and process to select our executive director. i believe that commissioner avalos will be able to handily take the wheel and help us usher and addresses key issues that i've outlined today. thank you. >> thank you commissioner, before i turn to commissioner wiener, i want to ask if there is any other member of the public who like to say something else on this item? public comment on this is closed. commissioner wiener. >>i'm happy to support commissioner avalos as chair. sometimes something to get lost in the debates is that even though we have areas of disagreement but often get a lot of attention, a lot of press coverage because anytime you have a big dispute at city hall that is likely to get the attention, in reality when it com
SFGTV
Jan 29, 2013 11:30pm PST
project was to provide a $10 million allocation of new markets tax credits. you heard leader pelosi speak about the importance of this program. every year the new markets program provides billions of dollars to projects similar to this one. and it's a very important part of the fabric of what moves communities toward in today's worldful. we're incredibly proud to have had the chance to support this program, to support st. anthony's in providing meals, services and hope to san franciscans. but it's especially heartwarming to us to be able to collaborate and to bring housing and services together and the collaboration between mercy housing and st. anthony's. we would like to thank banc of america, who was our capital partner in the new markets program and again, we're simply thrilled to be part of this. it speaks perfectly to the vision that many of us share for how to move families and communities forward. i have to say that i for one, if this is what the groundbreaking is like, i am incredibly excited to go to the grand opening celebration. thank you all. [ applause ] >> thank you, nancy.
SFGTV
Jan 29, 2013 9:00pm PST
terms of revenue measures such as the sales tax and vehicle registration fee that are administered by the authority. one of the things that is important as we move forward is to always look for the most cost-effective ways of doing the work. one of the things that i hope you continue to do is to focus on enhancing coordination among the various city agencies. we saw with a number of projects that were discussed at the authority that while there is communication between these agencies better communication is needed. and one of the things that i hope happens- especially with the major projects - that we continue to focus on how the county transportation authority interacts with the mta and other agencies involved in various projects that we are funding. i know that in the state of the city address, mayor lee indicated that public transportation % specifically the mta is going to be a top priority for him. i know he is putting together a working group that is going to be looking at those issues and i hope that at that work continues the county transportation authority is an important par
SFGTV
Jan 30, 2013 12:00pm PST
the downtown corridor. it also helps with paychecks, local purchases and taxes paid by our visitors that are staying there. for these reasons, the hotel community is proud to partner with the city and we thank you to help grow our economy through the joint investment opportunity, we will be entering into with the approval of the proposals that are before you here today. * so, we thank you and we thank supervisor kim also for her partnership with us on this. >> thank you very much. next speaker, please. >>> good afternoon, supervisors. my name is james lim, i'medth regional managing director for [speaker not understood] hotels. [speaker not understood] operates 11 hotels in the city and it's spread throughout the neighborhoods as well in downtown san francisco. we support over 800 jobs, local jobs in the city as well. some of our hotels include the [speaker not understood] in japantown, the hotel rex, carlton, laurel lynn at laurel heights, [speaker not understood]. what's wonderful about this initiative is that we know that many of our downtown hotels benefit whenever there is a con
SFGTV
Jan 30, 2013 1:30am PST
item in the budget, but you recall a couple of years ago there was a gas tax swap, a complicated maneuver to ensure that transportation funds continued to flow. the result is that the state transit assistance is now based on the details sales tax receipts. that is a fluctuating amount of money and therefore we only rely on the projections over the course of the year. so far it looks pretty good. the other big news is that the state is looking pretty good. troop prop 30 passed, significant dollars in projected revenue. so i think we find ourselves in a cautiously optimistic time. we'll be following that as the year unfolds. we participate in that process through various trade associations and our meeting, in fact, next week with the commit staff working on the bill to have california's law conform for the federal law. cap and trade another very large statewide issue. san francisco as a city family is engaging on that through our advocacy, our lobbyists, as well as the league of cities, california state association of counties and others who have an interest in making sure that loc
Search Results 0 to 18 of about 19 (some duplicates have been removed)